NEW YORK, Nov. 26, 2015 /PRNewswire/ -- The global securement devices market is expected to reach $1,372.35 million by 2020 from $957.26 million in 2015, growing at a CAGR of 7.47% between 2015 and 2020. The securement devices product segments included in this report are arterial securement devices, central venous catheter securement devices, peripheral securement devices, abdominal drainage tubes securement devices, epidural securement devices, chest drainage tube securement devices, and all-site devices. The central venous catheter securement devices segment is further divided on the basis of type into PICC securement devices, subclavian securement devices, jugular securement devices, femoral securement devices, portal securement devices, and midlines securement devices. The peripheral securement devices segment is further divided into foley catheter securement devices, nasogastric tubes securement devices, endotracheal tube securement devices, continuous nerve block catheter securement devices, and ventriculoperitoneal shunt securement devices. The abdominal drainage tubes securement device segment is further divided into percutaneous endoscopic gastrostomy securement device, umbilical catheter securement device, and jejunal catheter securement device. On the basis of applications, the report is segmented into general surgery, cardiovascular, respiratory, urological, gastric and oropharyngeal, radiology and other applications. The cardiovascular procedures applications had the largest share of the securement devices market in 2015. The cardiovascular procedures application is also expected to be one of the fastest growing applications between 2015 and 2020.
The geographic segments included in this report are North America, Europe, Asia and Rest of the World (RoW). The geographic analysis reveals that North America accounted for the largest share in the global securement devices market in 2015. Asia regional segment, on the other hand, is expected to register a faster growth from 2015 to 2020.
The key driver for this market is increased healthcare expenditures. Furthermore, growing aging population, increasing prevalence of lifestyle diseases, and increasing demand for minimally invasive surgeries will aid the growth of the global securement devices market.
A combination of bottom-up and top-down approaches were used to calculate the market sizes and growth rates of the global securement devices market and its sub-segments. Secondary information was used to identify the overall revenues, geographic reach, and product portfolios of the market players. Estimates of their securement devices product segment revenues were validated through primary interviews. Primary interviews with key opinion leaders were also used to determine percentage shares of each sub segment and the relative differences in the growth rates.
The report provides qualitative insights about key market shares, growth rates, and market drivers for all important sub segments. It maps the market sizes and growth rates of each sub segment and identifies the segments poised for rapid growth in each of the geographic segments. The report also includes company profiles of the market leaders. These company profiles include financial performances, product portfolios, and market developments for each company. The report also provides a competitive landscape of the securement devices market. The competitive landscape covers the growth strategies adopted by the industry players over the last four years. It also includes analysis of industry developments like expansions, agreements and partnerships, mergers and acquisitions and new product launches.
Reasons to Buy the Report:
The report will enable both established firms and new entrants to gauge the pulse of the market and help them make important strategic growth decisions.
The report provides insights on the following:
- Product Development: Product portfolios of the top players in the securement devices market.
- Competitive Assessment: In-depth assessment of the market shares, strategies, geographic and business segments, and product portfolios of the leading players in the securement devices market.
- Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the market for various securement devices products across geographies.
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